Question about ROI and moving up levels

Seraphi

Seraphi

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Ok i have been tracking my personal roi
and I am about 70% in a certain range of
SNG's . I read something that says when
you are averaging over 50% roi on a
certain range its time to move up a step
What do u guys think of that. The reason
i ask is that the range that i have 70%
roi is within 5% of my bankroll if I go
up a level it will be out of the 5% . So do
I keep grinding this level till the new level
is within 5% of my bankroll?

Just opinions please its too early in the morning
for me to be flamed :)
 
4Aces

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What sample size is your 70% ROI from?

And no, don't move up until you are properly rolled for the next level. 20 buyins is probably the absolute minimum. I would like to have 50+ buyins for SNG's.
 
Seraphi

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k thanx thats what i was wondering
my sample is from 5.50s but it tracks
private tourney etc its every 5.50 i have
played on multiple sites
 
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feitr

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In order to get accurate ROI ranges, you need a very large sample size (ie. ideally >1000 games). A ROI of >60% is pretty hard to keep up even at low stakes...i remember having a ROI of ~90% in 10$ SnGs on the first site i played at over ~50 games. I just figured i was really good at them, but obviously i couldn't keep that up once i started to run not so well.

If you have a 70% ROI in $5 SnGs then i wouldn't even bother moving up. $3.50/game is a very high rate. However, and no offense at all, but the odds of you keeping a ROI like that is slim to none. So move up stakes when you are properly rolled (anywhere from 25-70 buy ins imo). Over smaller ranges of games i have had SnG ROIs of 200+, but it won't last. And if you aren't playing properly rolled when you hit a bad run you will lose your roll.
 
Seraphi

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well my range is not quite 1000 its about 700 games
but i appreciate the advice
i think i will stay with 5.50s at least till i get to double
for the next step up
 
BelgoSuisse

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well my range is not quite 1000 its about 700 games
but i appreciate the advice
i think i will stay with 5.50s at least till i get to double
for the next step up

70% ROI over 700 $5.5 games should be a $2700 profit. That would be a reasonable bankroll to play $100+9 games.

Something wrong with your math???
 
Seraphi

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no its an average and i have cashed out alot
so i dont have that much in the account anymore
but the roi is still the same does that make sense?
the profit sounds about right but i cashed out some
to buy my new laptop and take a trip to seattle
remember my tracking goes back for a while
 
dj11

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no its an average and i have cashed out alot
so i dont have that much in the account anymore
but the roi is still the same does that make sense?
the profit sounds about right but i cashed out some
to buy my new laptop and take a trip to seattle
remember my tracking goes back for a while

Since you cashed out 'a lot', and I',m reasonably sure you don't want to redeposit, my vote would go toward continuing where you have shown success.

If you cashed out at all, it shows this is bread or rent money at this point, and you really should be concerned about something approaching good bankroll management.
 
Seraphi

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i have been staying within the 5% bankroll
and as i said this is NOT for bread or rent
i used the cash to buy a new laptop and take a trip
to seattle for a month
when did i say anything about not having good bankroll
management? I keep all my games within the 5% bankroll
 
BelgoSuisse

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and as i said this is NOT for bread or rent

Then you need to have the discipline not to cash out for a while and try to move up levels. Because 70% ROI is quite remarquable at $5+.5 and you need to figure out how profitable you would be at higher stakes
 
Seraphi

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i cashed out because money sitting on a poker site does nothing
i want something to show for it
and i have it
i have a month in seattle and a brand new laptop and STILL have
a plenty large bankroll to make more
it is pointless to just horde cash i would rather get stuff and enjoy
it plus it is easy to win money at poker
 
SavagePenguin

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If you're averaging a 50% ROI at $5.50, that's an incredible number. And looking you up on sharkscope, I have my doubts about the authenticity of your claims. Unless you've found some incredibly weak people in private tournaments.

If your claims are accurate, moving up should be based on what you can afford to lose, which is a bankroll thing. If you want to cash out rather than keep a cushion online, then move up but move down *quickly* if you start to lose is always an option. Just make sure you're willing to move down and don't get stubborn and break yourself at the higher limit with higher competition.

If you play for twice the buy-in, you'll only need half that return to stay even with where you are now. But if you're crushing the games at this level, then you should probably multi-table and maximize your profit from the easy pickings at your current level.
 
SavagePenguin

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Just thought I'd mention, OfficialPokerRankings paints a completely different picture of you than SharkScope does. Interesting.
 
Seraphi

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wow more people with insults
* Unless you've found some incredibly weak people in private tournaments

maybe i dont rely on a STAT page to determine someones playing ability
and maybe I dont feel it necessary to be rude and make rude comments

i dont rely on ps or opr or any stake site to determine how good i play
i play alot of live tournaments as well and the final judge for me is my
bankroll

but i appreciate the advice i had hope that i could get an answer to my
question without an insult but i guess this site just doesn't know how to
treat people
 
Seraphi

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and once again i said that my stats i am coming up with is coming
from my TOTAL playing from ALL site not just one or two
but thats cool because keep watching sharkscope and u will see
if my stats bear what i am saying
 
SavagePenguin

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You seem awful defensive. I didn't mean to be insulting and I didn't call you a liar. I just mentioned that I had doubts.
Is it wrong to have doubts about someone who claims a 70% ROI over 700 games yet has a -22% ROI on SharkScope? If someone wins that much at one level, I'd assume they'd be at least break even players at other levels.

And after that, I went ahead and gave my opinion assuming that your stats for that level were accurate. And I even came back to make a post when I noticed that OfficialPokerRankings painted your stats in a better light.
 
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Seraphi

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I am 10 away from the money with 65k in chips in the memorial $6k
No it is not wrong to have doubts but i cam on here for advice not a discussion of what my stats are. And I have long since been beyond
breakeven i won 65 bucks at the cardschat 5.50 a few nights ago
and i have already made my buyin back from ko's in the 5.50 $6k going
on right now
 
OzExorcist

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I think the original question has been answered, but here goes anyway...

It's the size of your bankroll relative to the games you're playing that protects you from variance, not your ROI, so that should be the determining factor when you move up a level.

Your ROI only determines how quickly you'll reach the next level and maybe will give you an indication on how conservative you need to be with your bankroll management. 5% of your bankroll for a buyin would be very risky for some players, but at a level you're crushing it might be OK.
 
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